Popromo Ltd

Popromo Ltd from Ledbury UK is a small, active company founded ten years ago, in 2014. It employs just two people and holds assets valued at £277,359. With a real address and two directors alongside a single owner – a solo founder – the company operates with a lean structure. Popromo Ltd is a regular importer of toys, games, and sports equipment, having imported for 90 months, with the most recent import in December 2024. It also engages in irregular exporting of essential oils and perfumes, with only one month of export activity recorded back in February 2021.

The company operates in the non-specialised wholesale trade industries, and its website, while not detailed, suggests a focus on promotional products. While no e-commerce functionality is immediately apparent, it’s likely the company supplies wholesale to retailers or distributors.

Financially, Popromo Ltd shows a mixed picture. Current assets have decreased by 24%, dropping to £280,000, while net assets have also declined, falling 15% to £270,000. Bank borrowings have remained steady at £260, but cash reserves have decreased by 5.2%, sitting at £220,000. Trade debtors have fallen significantly, down 56%, which could indicate improved collection practices. However, creditors have also decreased substantially, dropping 87%, which might be a sign of delayed payments to suppliers. The company meets two of the three criteria to be classified as small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it's exempt from an audit, and the figures are unaudited.

The decrease in assets and cash reserves, while not catastrophic, suggests Popromo Ltd might be burning through money a little faster than it’s bringing it in. The significant drop in trade debtors is a positive sign, but the reduction in creditors could indicate a need to manage supplier relationships more carefully. The company’s long history of importing suggests a stable business model, but the limited export activity leaves it vulnerable to changes in the import market.

Registered in England/Wales under the registration number 09092321, with a registered address at HR8 2RP, United Kingdom, Ledbury, Herefordshire, Eastwood, Eastwood.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.